I want an F12! Is now the right time to buy?

Not sure how much lower they will go. Maybe just a touch. But the F12 is a fine car, and the V12 will spoil you for anything V8.

 

My advice is if you find the spec you love ..buy it.

 

F12 is a great car. Not as “exciting” as a mid-engine but the 12 cylinder engine is intoxicating and hard to go back. They will go down in price and everything is elevated now … but if you can afford it and enjoy it .. then do it !! You won’t be sorry!!

 

I bought a 2014 F12 with 6500 miles red/tan in March of this year for $205k. I almost didn't do it because I thought I was overpaying.

 

And yes its a perfect road trip car. I took it for 1100 mile rally with a Ferrari club through southern Oregon and Nevada. One day we drove 11 hours. It was epic.

 

This is gonna be you dawg!
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The prices are elevated but they don’t seem to be that crazy yet - 458 prices are absurd.

What kind of spec / color combo are you looking for?

 

agree regarding 458 prices. will f12 be the next? 812? who knows?! can't go back in time though, buy the car you like!

 

Unless there is a large financial crash, I believe the bottom for F12's has already come and gone due to inflation, supply and demand, and the availability of cash to buyers in this market. It is also the last Pininfarina V-12, which I believe will carry value down the road.

 

If the car market falls (I think it will), the stock market probably would've tanked also. Would you then want to buy sp500 at a discount versus F12 at a 50k discount? I would put myself in that situation, and maybe you'll have your answer? I enjoy both-making money & driving F12. They're complete antithesis to one another. Some people say it's an "investment", but I don't see how unless you get lucky. I think it'll somewhat follow the market with some underlying depreciation current. You'll probably lose about 50k (100k tops) if you drive it for a few years.

 

I'd get a PPI, unless you consider this a small purchase. YouTube is filled with grievances of people who bought Ferraris (and other sports cars) without a PPI and are trying to get things resolved after the fact.

All of them have the same thing in common--they were told it was in good shape and didn't think a high end dealer would give them something that isn't completely sorted

 

Hard to see NA cars going anywhere but up.

 

Most PPI I found doesn't take down the undertray which makes the whole thing pretty meaningless IMO. I would ask about that first. If they take down the tray and can rule out small leaks or bad bushings, I think that is helpful. although leak doesn't seem to be too common with these cars. If it doesn't throw any error msg's after driving for about 15min, pulls well, drives straight, handles ok, no weird noises, and all buttons work... go over the entire car both outside and inside in broad daylight to make sure there aren't any damages you can't live with. Leather issues on the dash, etc. Check side skirts and front bumper underspoiler for cracks or what not. Check the hood and trunk to make sure nothing is missing. I would do all this if you're there in person whether you're getting PPI or not.

of course, do all this when your heart rate sinks back down to the normal rate. When I first saw my F12, I had attention span of a 6yo with ADHD grinning from ear to ear.

 

The right time to buy is when you can afford it. Everything else is just crystal ball gazing.

Is the car coming with a warranty? If it’s a good Ferrari warranty, I’d be ok without a ppi. Else get a very good ppi and get a warranty.

If the dealer wants to sell the car; make them do the ppi you want, and if they have to stay open late they should just do it. Your not buying a used Honda here!!!

Good luck.

 

never too late for a F12, miss mine, prices are up, they may go much higher, who knows

 

No one knows the future. Prices could go up or down, but also consider, none of us is getting any younger. What is the value of making the most of each moment? I really enjoy having a Ferrari in the garage, so for me, each moment is that much better with it.

With the F12 it really is simply Ferrari V12 NA. All the new ones (812, etc) are much higher. And below, as you know with the 599, a fine car in its own right, but look at the markets and you'll see a distinct break between the single clutch F1 cars and the DCT F1 cars.

I think if you can swallow whatever price you pay today moving down by 30% then you should be safe. I doubt prices will do that, but anything is possible. The F12 is a fabulous car, beautiful, more than fast enough to be scary if you want it, GT enough to be a good GT. Its really got it all. Just get it aligned and put on new tires- suggest MPS4S.

 

Truthfully a new battery can solve many problems I have had two F12s sold my first one that I speced and bought new with 7k miles on it at the bottom of the market the buyer did not ask for a PPi and the car was fine . I bought the current one when I fell in love with it from seeing it here at Ferrari chat .. that is a 2017 but did not due a PPI with no regrets ..I did ask the dealer to put a new battery and mps4s tires on it ....
either way The F12 is an incredible car..gook luck with it....

 

I believe F12 is the most beautiful V12 recently designed by Ferrari. It will age nicely. Its much nicer that all the cars that came before and after til date. However I just sold mine...did not have much love for it. It stayed in the garage as most other cars I own offer much more fun in the weekend. I added a 458 Spider now to see how my love-affair with Ferrari will continue...